IBT Staff Reporter

Brent oil prices rebounded toward $116 a barrel on Wednesday as intense fighting in Libya stoked more supply worries and U.S. crude fell as inventories rose sharply, widening Brent's premium against U.S. crude.

Ever since Charlie Sheen got axed from the hit CBS show Two and a Half Men, rumors have been circulating the Internet on who will replace him. While it is still unclear if CBS and Warner Bros. will continue to produce the show, the names of actors that could possibly replace Sheen are floating around. Two and a Half Men, which airs Monday nights, is one of CBS's most popular sitcoms. The show, which is on its eighth season, was canceled when Sheen entered drug rehab and later ...

Brent oil prices rebounded toward $116 a barrel on Wednesday as intense fighting in Libya stoked more supply worries and U.S. crude fell as inventories rose sharply, widening Brent's premium against U.S. crude.

NYSE Euronext's planned assault this month on CME Group Inc's flagship U.S. rate futures franchise will be tough going because traders value liquidity, CME Chief Financial Officer Jamie Parisi said on Wednesday.

Wholesale inventories rose in January and sales set their fastest pace in 14 months, suggesting restocking and strong demand would give a lift to the economy in the first quarter.

Shares of International Business Machines Corp hit a lifetime high on Wednesday as analysts welcomed the tech giant's commitment to double its profit by 2015.

Federal prosecutors want former senior federal judge Jack Camp to be treated like every other similarly-situated criminal offender and given prison time.

U.S. Treasury Secretary Timothy Geithner urged lawmakers on Wednesday to approve capital increases for global lending institutions and warned that failure to do so could harm U.S. influence abroad.

Microsoft is set to officially launch IE9 at SXSW in Austin, Texas next week.

A U.S. prosecutor told a jury that greed drove hedge fund manager Raj Rajaratnam to establish a corrupt network of people to trade on inside information and make millions in illegal profits, as the trial got under way in the biggest Wall Street insider trading case in a generation.

The update adds iTunes network streaming, personal hotspots, and Safari performance boosts.

About 23.1 percent of all mortgaged homes (11.1 million households) were underwater in Q4, according CoreLogic's report released on Tuesday, showing an increase from 22.5 percent (10.8 million) in Q3.

Idaho teachers will create a human chain around the state capitol and hold a rally on Wednesday after the legislature passed a bill that will weaken their union, as similar measures are making progress in various other U.S. states.

Massachusetts charged a small hedge fund manager on Wednesday with having illegally used clinical trials data provided by an expert network group to pump up his ailing portfolio's investment returns.

America's first lady Michelle Obama made a surprise today by wearing eschewing expensive designer brands and opting instead for a H & M dress.

After creating a shock upset at the San Siro in their last meeting, Spurs will look to make use of their advantage and advance to the quarter-finals of the Champions League against AC Milan at the White Hart Lane.

HCA, the biggest U.S. for-profit hospital chain, plans to go public on Wednesday, and the IPO is seeing strong demand even though private equity owners saddled the company with a massive amount of debt.

Russian flagship airline Aeroflot said on Wednesday it had signed a firm order to buy eight Boeing 777s , in line with earlier plans, partly to boost its fleet ahead of the Winter Olympics in 2014.

Wholesale inventories rose more than expected in January and sales set their fastest pace in 14 months, according to a government report on Wednesday that offered further signs of strengthening demand.

Brent oil prices rose on Wednesday on intensified fighting in Libya and U.S. prices fell after data showed crude inventories rose more than expected last week, widening Brent's premium against U.S. crude.

Japan has launched a next-generation high-speed bullet train dubbed Hayabusa, which can reach 300 km in six minutes flat.

After creating a shock upset at the San Siro in their last meeting, Spurs will look to make use of their advantage and advance to the quarter-finals against AC Milan at the White Hart Lane.

Prosecutors and defense lawyers for onetime hedge fund billionaire Raj Rajaratnam will clash in a high-stakes face-off in court on Wednesday when they make their cases to a jury in the biggest Wall Street insider trading case in a generation.

March 9 marks the anniversary of Notorious B.I.G.'s death. Here is a look at Notorious B.I.G.'s top five songs.

Discovery lands for the final time, ending a remarkable 30-year career.

The Dow rebounded on Wednesday with a jump in IBM's stock on its 2015 outlook, but the Nasdaq fell as a weaker-than-expected earnings target from Texas Instruments weighed on the chip sector.

Germany's Daimler and Britain's Rolls-Royce look set to raise their offer for Tognum after the industrial engine maker dismissed a joint 3.2 billion euro ($4.4 billion) bid as too low.

Starting next year, HP will bring its mobile OS to its consumer computers.

The U.S. Senate voted overwhelmingly on Tuesday to overhaul U.S. patent laws, approving a measure aimed at chipping away at a huge backlog of patent applications and offering alternatives to expensive litigation.